Entropy Technologies LP Invests $1.05 Million in Federal Signal Corporation $FSS

Entropy Technologies LP acquired a new stake in Federal Signal Corporation (NYSE:FSS) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 9,690 shares of the conglomerate’s stock, valued at approximately $1,048,000.

Several other institutional investors have also recently added to or reduced their stakes in FSS. Physician Wealth Advisors Inc. lifted its position in Federal Signal by 57.2% during the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after buying an additional 91 shares during the period. New Age Alpha Advisors LLC grew its holdings in Federal Signal by 3.4% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate’s stock valued at $314,000 after buying an additional 95 shares during the period. Canada Pension Plan Investment Board grew its holdings in Federal Signal by 10.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock valued at $117,000 after buying an additional 100 shares during the period. Smartleaf Asset Management LLC grew its holdings in Federal Signal by 9.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock valued at $130,000 after buying an additional 108 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Federal Signal by 50.5% during the 4th quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock valued at $36,000 after acquiring an additional 111 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on FSS shares. DA Davidson increased their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. KeyCorp reaffirmed an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a research note on Thursday, April 30th. Finally, Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $139.25.

Federal Signal Stock Performance

Shares of NYSE:FSS opened at $118.33 on Tuesday. The firm has a market capitalization of $7.22 billion, a PE ratio of 26.89, a P/E/G ratio of 1.72 and a beta of 1.23. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. The business has a 50-day moving average of $116.52 and a two-hundred day moving average of $114.76. Federal Signal Corporation has a 12 month low of $101.18 and a 12 month high of $134.51.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.29. The business had revenue of $625.60 million for the quarter, compared to analyst estimates of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The company’s revenue was up 35.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, research analysts forecast that Federal Signal Corporation will post 4.94 earnings per share for the current year.

About Federal Signal

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.